Quote:
Originally Posted by biker1
Yes, oil is a global commodity but the US is far from a small player. In fact, the US is the largest producer of oil in the world.
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With the Keystone Pipeline being closed yesterday by the new president, prices will go up as the U.S. will have to purchase more oil from foreign countries. You can imagine what and why this is happening by following the money. And it puts a hardship on everyone when this happens especially the lower income and fixed income population.